Roundhill TSLA WeeklyPay ETF (BATS:TSLW) Sees Large Increase in Short Interest

Roundhill TSLA WeeklyPay ETF (BATS:TSLW) was the recipient of a large increase in short interest during the month of June. As of June 15th, there was short interest totaling 54,241 shares, an increase of 284.2% from the May 31st total of 14,119 shares. Based on an average daily volume of 99,911 shares, the short-interest ratio is presently 0.5 days. Currently, 12.1% of the company’s stock are sold short.

Roundhill TSLA WeeklyPay ETF Price Performance

Shares of TSLW opened at $21.27 on Friday. The firm has a market capitalization of $9.57 million and a PE ratio of 48.94. Roundhill TSLA WeeklyPay ETF has a 1-year low of $20.56 and a 1-year high of $43.59. The company’s fifty day moving average price is $24.16 and its 200-day moving average price is $27.41.

Roundhill TSLA WeeklyPay ETF Company Profile

The Tradr 1.5X Long TSLA Weekly ETF (TSLW) is an exchange-traded fund that mostly invests in consumer discretionary equity. The fund is actively managed, seeking to provide 1.5x the exposure to the weekly price return of the Tesla stock (TSLA) through swap agreements with major global financial institutions. TSLW was launched on Sep 3, 2024 and is issued by Tradr.